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Navigating the complexities of Cannabis Accounting

May 31, 2023 by Angelita Green

In this podcast we discuss the importance of maintaining an ongoing conversation with your accountant, the key components of the balance sheet and income statement, and the ever-changing regulations in the #cannabis industry. Please click link and watch. http://www.kayapush.com/podcast-episodes/navigating-the-financial-maze-of-the-cannabis-industry-with-angelita-green-summer-thorn

Filed Under: New Leaf Blogs Tagged With: balance sheet, cannabis accounting, cannabis audit, cannabis taxes, income statement

Clearing the Confusion: Simplifying THC Labeling on Cannabis Products

May 19, 2023 by Angelita Green

The legalization of cannabis in several states has given rise to a multi-billion-dollar industry. With the increasing demand for cannabis products, it’s essential to provide customers with accurate information about the product they’re purchasing. One of the critical factors a consumer looks for while purchasing cannabis products is the THC content. Unfortunately, the labeling on […]

Filed Under: New Leaf Blogs Tagged With: Hemp, TCh Content

The IRS Is Ready to Audit-Now What?

April 14, 2023 by Angelita Green

As the CEO of a rapidly growing cannabis business, you may soon find yourself on the receiving end of an IRS audit. While this can be an intimidating prospect, it’s important to remember that auditors are just doing their job; they’re not out to get you. Rather than stress about it, it is best to […]

Filed Under: New Leaf Blogs Tagged With: IRS Audit

Tribal state compact- yes or no?

March 29, 2023 by Angelita Green

A state cannabis compact is an agreement between a tribal nation and a state government that allows the tribe to regulate and operate cannabis businesses on its own lands. This can provide economic opportunities, cultural benefits, and legal protections for the tribe, but it also comes with some challenges and risks. In this blog post, […]

Filed Under: New Leaf Blogs Tagged With: Tribal compacts, Tribal Sovereighnty

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